Private equity has been good for Ireland but something extraordinary is happening in health and housing

Where is the scrutiny of the consequences of international money owning Ireland’s nursing homes, housing estates, tolled motorways and private hospitals

The ESRI’s report last week noted that ‘profit motives can supersede care quality’ and warned about ‘geographic inequality’ in privately provided nursing home care

Ireland is booming. In November, we had a €6.3 billion corporation tax bonanza, a whopping 27 per cent increase on the same month the previous year. Largely thanks to international technology and pharmaceutical companies, the Department of Finance is raking in billions in exchequer surplus year on year.

The narrative on international money into Ireland is always one-way traffic. More of it please and thank you very much.

But what about the international money that ...